Greek shipowner Evangelos Marinakis has secured his entry into the LNG business with a potential newbuilding order at Hyundai Heavy Industries worth close to $2bn.

Marinakis has a letter of intent in place with the world’s largest shipbuilder for up to 10 vessels as he looks to take a substantial position in the sector, market sources told TradeWinds.

The project sees the shipowner working alongside his son, Miltiadis Marinakis, via a new vehicle called Capital Gas.